The special tax could overwhelm stores, with $ 160 billion to be paid this year
The extra-profit tax became an additional tax, as the retail tax for all shopkeepers jumps above HUF 500 million. According to our conservative estimate, the nearly 80 billion retail taxes in 2021 will be doubled in 2022 with the additional tax, writes an article in the Blokkk.hu professional portal. They could collect 190 billion from the sector in 2023. The government published its decree on special taxes and tax increases in the Hungarian Gazette on Saturday evening.
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